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The Independent UK
The Independent UK
National
Josh Boak and Christopher Rugaber

Will it take market crash for Congress to raise debt limit?

Copyright 2023 The Associated Press. All rights reserved

There's one way to force President Joe Biden and Congress to solve the looming crisis over the debt limit: a financial market crash.

That's a view held by several economists and a former White House official, mindful that Congress rarely acts unless an emergency forces lawmakers to.

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